How to Buy Zhongchao Stock
Zhongchao Inc
Zhongchao Inc. provides healthcare information, education, and training services in the People's Republic of China.
Zhongchao stock last closed at $1.15, down 2.54% from the previous day, and has decreased 30.3% in one year. It has overperformed other stocks in the Health Information Services industry by 0.4 percentage points. Zhongchao stock is currently +15% from its 52-week low of $1.00, and -61.28% from its 52-week high of $2.97.
There are currently 25.39M ZCMD shares outstanding. The market value of ZCMD is $29.20M. In the past 24 hours, 2066 ZCMD shares were traded.
How to Buy Zhongchao Stock
Not sure how to invest in Zhongchao stock? Here's how.
- Decide where to buy Zhongchao stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Zhongchao stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Evaluate Zhongchao stock: The Zhongchao ticker symbol is ZCMD. Is Zhongchao stock a good investment? Should you buy shares of ZCMD? How do ZCMD's underlying business fundamentals look? Do top analysts think Zhongchao is a good buy? Why has ZCMD's stock price moved recently? (Hint: Our stock research tools can help you figure out if ZCMD is a good stock to buy).
- Make your ZCMD trade: Decide if you will purchase ZCMD shares at the current market price or use a limit order to purchase ZCMD stock at a given price.
- Monitor your ZCMD investment: Create a watchlist to the latest updates on your position in Zhongchao stock.
Step 1: Decide where to buy Zhongchao stock
You will need a brokerage account to access the NASDAQ market and buy ZCMD shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
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- Buy other financial assets: Such as ETFs and cryptos.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy ZCMD stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on apps for stock market, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your investment account.
Step 4: Evaluate Zhongchao stock
After you have decided on the best place to buy Zhongchao stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Zhongchao Numbers
ZCMD Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ZCMD's stock page.
Is ZCMD stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ZCMD's intrinsic value.
Using relative valuations measures:
- ZCMD could be undervalued based on its P/B ratio of 1.4x, relative to Health Information Services industry P/B ratio of 3.5x
You can do additional valuation research on ZCMD's stock here.
ZCMD Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the ZCMD balance sheet.
- ZCMD profit margin has gone up from -58.3% to -4.1% in the past year.
- ZCMD has $13.08M in cash and short term investments. This is sufficient to cover its annual cash burn of $4.52M.
- Total ZCMD debt is lower than 5 years ago, relative to shareholder equity.
- ZCMD has a low debt to equity ratio of 0.08.
- There are more short-term assets than short-term liabilities on the ZCMD balance sheet.
- ZCMD has cash burn of 4518426. It has sufficient cash and short-term investments to cover this for at least one year.
ZCMD Technical Indicators
ZCMD Performance Metrics
Last year, ZCMD revenue was $15.86M. Over the last 5 year, ZCMD's revenue has grown by 1.29% per year. This was slower than the Health Information Services industry average of 22.36%.
Learn more about ZCMD's earnings and revenue performance here.
What are ZCMD executives and large shareholders up to?
In the past year, insiders at ZCMD have not bought or sold any shares.
Dig into more about who owns ZCMD stock here.
Does ZCMD stock generate passive income?
No, Zhongchao doesn't provide an income stream by paying out dividends.
ZCMD Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your ZCMD trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Press the Open button and your broker will place the order.
If you want more assistance buying stocks on eToro, watch the how to video below:
Step 6: Monitor your ZCMD investment
Now that you own some ZCMD stock, you'll want to keep up with your new shares.
Make a watchlist to track the latest developments regarding your ZCMD stock.
ZCMD Feed
How to Buy Stock in Zhongchao
To reiterate, here are the 6 steps you need to take to buy Zhongchao stock right now:
- Decide where to buy Zhongchao stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Zhongchao stock
- Make your ZCMD trade
- Monitor your ZCMD investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Zhongchao, hit the button below to create your watchlist.
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